Mumbai, 12th October, 2017:
PTron, a tech and mobile accessories brand has set its growth story on a trajectory
by crossing the milestone of INR 50 crores revenue since launching in FY 15-16.
From the wide array of products that PTron
possesses, it has sold more than one million units making it a leading brand in
this category in India. Gen Z, age group between 18-24 years, have formed the
single largest consumer group for PTron
products. Some of the best selling products are headphones, chargers &
power banks, mobile covers and smart watches.
Mr. Ameen Khwaja, CEO of Palred Online
Technology Pvt Ltd said, “Though the
brand was formally launched just over 2 years back, PTron sales grew rapidly,
backed by good quality & product warranty. We have a design team that
provides specification at a chip level to the manufacturers to ensure that the
quality is superior and backed by warranty, while keeping the prices
affordable. PTron is increasingly becoming a brand to reckon with in the #MyLuxury
and value for money space, while the market is growing at 20% YOY. We are
targeting to cross cumulative sales of 100 crores of PTron products in FY 18-19
making it the number 1 mid-market mobile accessories brand in India.”
The advent of festive season has given a
further boost to the sales of PTron products. The robust sales season sets the
stage for India’s top e-commerce firms to finish the year strongly. Going with the
trend even LatestOne.com is set to get festivity fever high and provide the
best products to its consumers who can gift their loved ones and enjoy their
MyLuxury preferences.
One of LatestOne.com’s targets is Gen Z who have
distinguished preferences and choices. They look for affordability as well as
quality in a brand which is exactly what LatestOne focuses on. Latestone.com
cater to the specific needs of Gen Z where emphasis is given to quality,
affordability and individual gratification are likely to advance –– backed by
good consumer experiences, exceptional customer service and unbending veracity.
About LatestOne.com
Hyderabad-based LatestOne.com is India’s only e-tailer
specialized in tech and mobile accessories such as Bluetooth devices, mobile
covers, tablet accessories, cables, power banks, headsets, smart watches, mini
android TV, fashion accessories etc. It stocks over 10,000 different products
in its inventory and operates through its own fulfillment centers in Delhi and
Mumbai. It is owned by Palred Online Technologies Pvt. Ltd (POT) which is a
subsidiary of Palred Technologies Ltd (PTL), a listed company on BSE and NSE
since 2004.
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